Author: NBTC
The Ethereum price today is trading around $2,365, holding steady after a dramatic two-day surge from the $1,800 region. This bullish move followed a breakout above a multi-month descending trendline and has brought Ethereum price action into focus as traders eye the psychological $2,400 barrier. The price has jumped nearly 30% since May 7, posting one of the strongest recoveries among top altcoins this week. What’s Happening With Ethereum’s Price? ETHUSD price dynamics (Source: TradingView) The daily chart reveals a clean breakout from the falling wedge structure that had capped upside since March. Key resistance levels between $2,360 and $2,400—formed…
Taiwan’s economy faces pressure as foreign exposure shakes New Taiwan Dollar’s currency stability. Lawmakers suggest adding Bitcoin to reserves as a hedge against inflation and global risk. U.S. states like New Hampshire already approved Bitcoin for official reserve diversification strategies. As Taiwan deals with growing global inflation and geopolitical risks, lawmakers are now raising a bold question: Is it time to treat Bitcoin as part of the nation’s financial defense plan? While the idea is gaining support from experts and former officials. Could Bitcoin help protect Taiwan’s economy in uncertain times? Let’s find it out! Taiwan Warned of Currency Crisis…
Stellar (XLM), the digital currency known as XRP’s rival, has recorded a significant uptick in key performance metrics. In the last 24 hours, XLM has outperformed XRP following its comparatively higher price and volume transacted by market investors in 24 hours. Breakout rally pushes Stellar ahead of XRP According to CoinMarketCap data, XLM gained momentum in a breakout rally from $0.2881 to its current market value. As of press time, the price of XLM was changing hands at $0.2982, which represents a 10.1% increase. The uptick has renewed investors’ interest in the coin as the transaction trend has surged. Within…
DAC Platform, a rising DeFi platform, has announced its new collaboration with Fishcake Labs, a renowned Web3 entity that intends to transform the consumer engagement via gamified experiences on blockchain. The partnership denotes a significant move to streamline as well as expedite advancement of the Web3 experiences for creators, users, and organizers alike. The platform revealed this development on its official social media account on X. 🚀PARTNERSHIP ANNOUNCEMENT 🚀DAC Platform x Fishcake 🤝We are thrilled to unveil our latest collaboration with @fishcake_labs 💵 Fishcake is an innovative Web3 platform offering real-world solutions. It enables interactive campaigns, smooth event engagement, and…
Bitcoin spot ETFs have experienced a rollercoaster week of inflows and outflows, largely driven by investors reacting to shifting macroeconomic cues. However, a renewed wave of optimism has swept through the markets following the US Federal Reserve’s decision to leave interest rates unchanged. This move appears to have reassured investors and reignited institutional appetite for BTC-backed funds. Bitcoin ETFs Bounce Back The week started strong. On Monday, inflows totaled $425.45 million across BTC spot ETFs. Yet, this bullish momentum was interrupted on Tuesday as institutional investors pulled capital from the market ahead of the Federal Open Market Committee (FOMC) meeting.…
Renowned commodity trader Peter Brandt with a long successful trading career has spotted a pattern that indicates that the second-largest cryptocurrency Ethereum, which Brandt often criticizes, may show a massive price increase soon. Brandt published an ETH chart, which he seldom does and if such a chart is featured in his tweets, those posts are mostly negative about Ethereum. But this time, the trader shared a bullish ETH price prospect with his X followers. This pattern could support ETH’s moonshot, Brandt says In the tweet, the trading legend admitted that he usually prefers not to say anything good about Ethereum,…
TeraWulf Inc. (NASDAQ: WULF) announced its financial results for the first quarter of 2025, showcasing significant developments and setting ambitious future goals. The company, known for its sustainable digital infrastructure, highlighted its performance metrics and provided guidance for the upcoming quarters. TeraWulf Inc. Reports First-Quarter Results, Falls Short of Expectations In the first quarter of 2025, TeraWulf Inc. reported revenue of $34.4 million, a decline from the $42.4 million recorded in the same period the previous year. This decrease was primarily attributed to the April 2024 halving, increased network difficulty, and elevated power prices. The company’s cost of revenue, excluding…
With mounting regulatory measures like the EU AI Act and SEC Climate Disclosure rules, VeChain’s enterprise-grade infrastructure is positioned to help NVIDIA meet AI environmental demands. VeChain ambassador Sebastian highlighted VeChain’s readiness to provide verifiable audit trails for ESG metrics, envisioning AI outputs with detailed carbon receipts verified on-chain. With NVIDIA anchoring itself as a $2.5 trillion powerhouse fueling the AI explosion, and questions on the environmental and ethical price to pay for AI increasingly rippling into the mainstream. A post on X by Sebastian, a VeChain ambassador, spotlighted the potential of merging VeChain’s blockchain technology with NVIDIA. Thus, questions…
Fintech heavyweight Tether is going to release a fully open-source on-chain crypto wallet template. As part of Tether’s Wallet Development Kit, it has all the chances to bring one trillion non-custodial wallet addresses to crypto, CEO Paolo Ardoino shares. Tether working on template for non-custodial wallets, CEO Ardoino says Blockchain service conglomerate Tether is nearing the launch of a non-custodial wallet template as a part of its Wallet Development Kit (WDK). The announcement was made by Paolo Ardoino, CEO of Tether and crypto exchange Bitfinex, today, May 9, 2025. Testing WDK (Tether’s Wallet Development Kit) Template Non-Custodial Wallet.Great UX with…
Bitcoin price today is trading near $98,950 after briefly touching $99,421 earlier on May 8. This surge above $99,000 marks the asset’s highest level since March, fueled by breakout momentum from a two-day bull flag formation. However, with short-term indicators showing signs of cooling, Bitcoin price action may face resistance as it tests key psychological and technical levels near $100K. What’s Happening with Bitcoin Price? Bitcoin price chart (Source: TradingView) On the 4-hour chart, BTC broke decisively out of a sideways consolidation pattern between $96,000 and $97,800, lifting toward $99,400 before encountering intraday rejection. This push confirms a bullish continuation…